Blockchain News

Feds Shut Down Signature Bank, Say Signature and Silicon Valley Bank Depositors Will Be Made Whole

Silicon Valley Bank and Signature Bank depositors will receive their cash on Monday. The announcement was made by Federal Reserve Chairman Jerome Powell,.

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Blockchain News

USDC Bounces Back Toward $1 Peg after Fed Announcement

After assurance from CEO Jeremy Allaire that its reserves are secure and the company has new banking partners lined up for “banking open.

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Latest News

Crypto Stakeholders Say No Exposure to Shuttered Silvergate

Companies dealing in cryptocurrencies are rushing to convince investors that they do not have any corporate cash remaining at Silvergate Bank, which only.

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Blockchain News

Silvergate Bank Run Sees Cryptocurrency Investors Flight to Stablecoins

As the bank approaches the brink of collapse, crypto-friendly Silvergate is seeing a mass flight of its client base in addition to a.

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Latest News

Silvergate Suspends Silvergate Exchange Network as Company Reels From crises

Friday marked the beginning of Silvergate’s suspension of its Silvergate Exchange Network due to what the company referred to as “a risk-based decision.”.

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Bitcoin News

First Mover Asia: Bitcoin Is Stuck Between Silvergate and China

Both bitcoin and ether prices are relatively unchanged to start the week, with bitcoin now trading at $22,463, an increase of 0.6% on.

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Bitcoin News

Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate

On Friday, major digital assets saw a sharp decrease as the work day got underway in Hong Kong. When investors left crypto bank.

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Bitcoin News

Bitcoin Long Liquidations Hit Highest Level Since August

The futures market was shaken out of its bullish leverage by the early Friday drop in Bitcoin’s (BTC) price. This drop was caused.

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Blockchain News

Why Have Crypto Markets Dumped $60B in Less Than an Hour?

Within the last hour, the market value has decreased by more than $60 billion. As a consequence, according to CoinGecko, the amount has.

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Bitcoin News

$250,000,000 in Bitcoin and Crypto Liquidated as Markets Abruptly Reverse

A precipitous drop in the price of Bitcoin has resulted in a flood of liquidations across the various cryptocurrency exchanges. In a couple.

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